Document
Publication of Belarus Sanctions Regulations Web General License 10
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing a general license (GL) issued pursuant to the Belarus Sanctions Regulations: GL 10, which ...
SUPPLEMENTARY INFORMATION:
Electronic Availability
This document and additional information concerning OFAC are available on OFAC's website:
https://ofac.treasury.gov.
Background
On December 5, 2023, OFAC issued GL 10 to authorize certain transactions otherwise prohibited by the Belarus Sanctions Regulations, 31 CFR part 548. GL 10 was made available on OFAC's website (
https://ofac.treasury.gov) when it was issued. GL 10 is now expired. The text of this GL is provided below.
OFFICE OF FOREIGN ASSETS CONTROL
Belarus Sanctions Regulations
GENERAL LICENSE NO. 10
Authorizing the Wind Down of Transactions Involving Tabak Invest LLC
(a) Except as provided in paragraph (b) of this general license, all transactions prohibited by the Belarus Sanctions Regulations, 31 CFR part 548 (BSR), that are ordinarily incident and necessary to the wind down of any transaction involving Tabak Invest LLC (“Tabak Invest”), or any entity in which Tabak Invest owns, directly or indirectly, a 50 percent or greater interest, are authorized through 12:01 a.m. eastern standard time, February 2, 2024, provided that any payment to a blocked person is made into a blocked account at a U.S. financial institution in accordance with the BSR.
(b) This general license does not authorize any transactions otherwise prohibited by the BSR, including transactions involving any person blocked pursuant to the BSR other than the blocked persons described in paragraph (a), unless separately authorized.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
Dated: December 5, 2023.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets Control.